UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,128 sqft
Price per Sqft $215
Subdivision Cherryhurst
MLS Listing ID 75281880
Bedrooms 2
Full Baths 1
Year Built 1925
Annual Tax Amount $13,740
Tax Year 2023
Lot Size 5,000 Sqft
Property Sub-Type Triplex
Property Description
Cash flow potential? Through the roof. This classic 1920s triplex—featuring a charming red brick duplex and a detached garage apartment—is an investor's dream in the heart of Montrose.
The duplex offers two spacious 2-bed / 1-bath units, each brimming with original character: hardwood floors, vintage detailing, and that coveted up/down layout. The garage apartment adds a separate 1-bed / 1-bath unit, perfect for additional income.
All units are currently rented well below market value, with a projected gross income of $4,100/month—leaving serious room for upside. Recent upgrades include new HVAC systems and thoughtful renovations that maintain the home's historic charm while boosting reliability.
Unbeatable location: walk to River Oaks Shopping Center, minutes from everything Montrose has to offer.
(Please do not disturb tenants.)
Location
State TX
County Harris
Area Montrose
Interior
Heating Central Gas, Window Unit
Cooling Central Electric, Window Units
Flooring Tile, Wood
Exterior
Roof Type Composition
Building
Faces North
Story 2
Unit Features Balcony,Hardwood Floors,Patio,Window Coverings
Structure Type Brick,Wood
New Construction No
Schools
Elementary Schools Baker Montessori School
Middle Schools Lanier Middle School
High Schools Lamar High School (Houston)
School District 27 - Houston
Others
Senior Community No
Restrictions None
Tax ID 038-258-000-0003
Energy Description Ceiling Fans,Digital Program Thermostat,North/South Exposure
Acceptable Financing Cash Sale, Conventional, Investor, Seller May Contribute to Buyer's Closing Costs, VA
Tax Rate 2.0148
Disclosures Sellers Disclosure, Tenant Occupied
Listing Terms Cash Sale, Conventional, Investor, Seller May Contribute to Buyer's Closing Costs, VA
Financing Cash Sale,Conventional,Investor,Seller May Contribute to Buyer's Closing Costs,VA
Special Listing Condition Sellers Disclosure, Tenant Occupied
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Rhonda Trevino
Broker / Owner | License ID: 596151
Broker / Owner License ID: 596151